The French Revolution was… contemporary with the American Rev, so, around 1770s. I believe there was some sort of retrenchment by the 1880, so perhaps France was “Revolutionary” for on the order of 5 − 80 years (70% certainty).
Massive changes to the legal system and other social institutions seem likely to negatively affect GDP in the short term, with the possibility of positively affecting it in the longer term.
I’d give 40% that the signal is negative for at least a generation, perhaps longer.
The French Revolution was… contemporary with the American Rev, so, around 1770s. I believe there was some sort of retrenchment by the 1880, so perhaps France was “Revolutionary” for on the order of 5 − 80 years (70% certainty).
Massive changes to the legal system and other social institutions seem likely to negatively affect GDP in the short term, with the possibility of positively affecting it in the longer term.
I’d give 40% that the signal is negative for at least a generation, perhaps longer.